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Prices and consumptionPrice index of public expenditure rose in local government finances and in central government 4th quarter 2022
release | Price index of public expenditure 2022, 4th quarterAccording to Statistics Finland's preliminary data, the price index of public expenditure rose in central government by 5,1 per cent in the fourth quarter of 2022 compared with one year earlier. The price index of local government finances rose by 6,2 per cent and the price index of basic municipal services by 4,4 per cent over the same period.
Price index of public expenditure (2015=100), 4th Quarter 2022
| *) Point figure | Annual change-% 2021-2022 | *) Annual change-% IV/2021–IV/2022 | |
|---|---|---|---|
| Central government finances | 111.1 | 4.2 | 5.1 |
| Local government finances | 113.3 | 4.5 | 6.2 |
| Municipalities | 113.0 | 4.6 | 6.6 |
| Joint municipal authorities | 114.1 | 4.9 | 6.6 |
| Price index of basic municipal services | 111.3 | 3.7 | 4.4 |
*preliminary
Key points
- The rise in the price index of central government expenditure was mainly caused by current transfers to municipalities and joint municipal authorities, and by cost increases of goods and services.
- The rise in the price index of local government finances was mainly due to growth in pensions paid and investment expenditure.
Data revisions
See key statistical data in the tables.
13.02.2023
Price index of public expenditure (2015=100), revision to annual changes
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Updated database tables
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